Daimler has been slapped with an 870 million euros (RM4 billion) fine by German prosecutors for breaking diesel emission regulations. Investigations that began earlier this year revealed that the maker of Mercedes-Benz cars sold around 684,000 vehicles that did not fully comply with regulations on emissions of nitrogen oxides, according to statements from Stuttgart authorities and Daimler.
The company accepted the decision and would not contest the verdict, Bloomberg reports. The automaker said that the ruling is not expected to impact on its earnings forecast, having cut its outlook a few months ago. In July, the company revealed that it had set aside about 1.6 billion euros (RM7.35 billion) to deal with diesel-related court proceedings.
The fine is the latest chapter of the aftermath following Volkswagen’s diesel-cheating scandal, which continues to rock the German car industry four years after it first surfaced. In September 2015, the automaker admitted using trick software, or defeat devices, to cheat US emissions tests. It has so far paid more than US$30 billion in vehicle refits, fines and provisions.
Earlier this week, Volkswagen CEO Herbert Diess and non-executive chairman Hans Dieter Poetsch, along with former CEO Martin Winterkorn, were charged with market manipulation in Germany over allegations they knowingly held back information on rigged emission tests early on. Prosecutors said they will be pressing criminal charges.
Other companies have also been affected as a result of Dieselgate and have faced similar penalties, although the fines have been smaller – Porsche settled in May for 535 million euros (RM2.45 billion), while parts maker Robert Bosch paid pay 90 million euros (RM414 million).
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Someone had once said we should be like German and work hard like them. Is he meant working hard to cheat like this?
All Germans are same at this era. All cheating. No ethics. Thier shares is dropping. Geely finally can afford to buy 10%. BMW is retrenching. Profit is dropped.
The affordable Japanese and Chinese cars are getting ahead of them. Lexus is still growing humbly.
Lexus ES 2019 is the new super Value BMW 5 series one can buy. Grear handling and with oustanding comfort.
https://paultan.org/2019/09/24/bmw-plans-to-axe-up-to-6000-jobs-in-germany-report/
agreed mas. haze or not, better work like indons.
Don’t forget the Japanese were also caught cheating.
Correcto! And that particular someone had also told us we should follow Japanese and work hard like them. I guess he must mean work hard cheating customers & authorities.
Looks like the Koreans are taking lead
This is a cheating world, must remember that. The only thing is people know or not. what look right is not the truth but the true fact never reveal.
We also should fine one particular car company which was selling cars for over 20 years with faulty windows. Although now it is no more a problem with their newer cars, people who bought these cars from 1985 to 2005 still have this big problem
We should sue this car company that cheated on fuel economy claims too. Oh, this car company also lied that their cars cannot fit ESC just to earn more profits. And their newer cars also have steering locking up while driving. Don’t forget about rear axles coming off. Wow, so many problems no wonder they hired trolls to slander other carmakers.
The fastest way to fill up coffers through finding fault within business entities and conglomerates. EU ruler needs money to whack Ai Ran.